The effect of wealth on consumption is an issue of longstanding interest to economists. Analysts believe that … impact of changes in wealth on household consumption and the overall macroeconomy. There is an extensive existing literature …

literature on household saving behavior in Japan (with emphasis on the author's own past research) to shed light on whether or … the age structure of the population on the saving rate, the saving behavior of retired households, saving motives, the …

stagnation of household consumption during the 1990s and find that the stagnation of household disposable income, the decline in …

information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …

information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …

impact of demographic factors, such as ageing and changing household composition, on saving behaviour. Not focusing on high … frequency events (e.g. business cycles and unexpected shock), we find that saving behaviour is fundamentally driven by the … not clear cut. Contrary to the usual practice of considering the allocation of household income over consumption and …

information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk … do not impose any model structure on the consumption process. This suggests that Italian households do not have access to …

ex-ante homeowners who rate (cash-out) refinance an existing loan to increase savings (consumption) are significantly …

"cash-out refinance" an existing loan to fund current consumption are significantly more likely to overestimate their house …